Punjab National Bank (PNB) was indeed founded on 12 April 1894. It was established by Lala Lajpat Rai, E. C. Jessawala, and Lala Harkishan Lal in Lahore, which was then part of British India (now in Pakistan). PNB has since grown to become one of the largest public sector banks in India, with a significant presence both domestically and internationally.
Over the years, Punjab National Bank has played a crucial role in the Indian banking sector, providing a wide range of banking and financial services to individuals, businesses, and institutions. It has also contributed to various economic and social development initiatives in India.
PNB's founding date, April 12, is observed as its foundation day, and the bank celebrates this occasion annually to commemorate its establishment and honor its rich history and heritage.
The bank has over 180 million customers, 10,910 branches and 13,000+ ATMs post merger with United Bank of India and Oriental Bank of Commerce, effective from 1 April 2020
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